GOOD MORNING, Prices are mixed to begin the session with wheat contracts lower against the other markets. Bean and corn prices are steady on the upturn in crude market, and hopes that lower prices triggered more export business. Wheat is lower as rain across much of Europe and the Black Sea region eased drought conditions. Outside markets were higher on Wed. on reports that the experimental drug remdesivir could prove to be effective against the coronavirus. Crude oil rallied taking oilshare higher, and helping beans to put in recovery trade. Soyoil prices continue to climb this morning with beans higher as well. Spread trade continued to be a feature yesterday, as corn gains on wheat, and soyoil on me...
From WPI Consulting
Infrastructure investment due diligence
On behalf of a Canadian oilseed processer WPI's team provided market analysis, econometric modeling and financial due diligence in support of a $24 million-dollar investment in a Ukrainian crush plant. Consistent with WPI's findings, local production to supply the plant and the facility's output have expanded exponentially since the investment. WPI has conducted parallel work on behalf of U.S., South American and European clients, both private and public, in the agri-food space.